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What Is a Personal Loan?

A personal loan can provide the flexibility you need to cover planned and unplanned expenses without breaking your budget. But, what is a personal loan? If you’re not familiar with personal loans, how they work, or why you might get one, Bowater Credit Union is here...

How to Get and Use a Personal Loan [Guide]

Whether you need funds for an unexpected medical bill, a broken-down vehicle, or that dream vacation – a personal loan is a great way to get cash quickly.  If you’ve ever wondered how to get a personal loan, the good news is that the process is easier than you might...

How Does Credit Card Interest Work?

If you’ve found yourself deep in the fine print of a credit card agreement wondering what exactly it all means, you’re not alone. Credit card interest can be incredibly confusing, and even a single card may have multiple interest rates.  How does credit...

The Pros and Cons of Personal Loans

Whether you’re thinking of consolidating high-interest credit card debt or looking for some extra cash to provide you with more budget flexibility, you may be investigating your various loan options.  For many, a personal loan can provide this flexibility while...